Hilltop Country House Cheshire Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 12427929 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2022 to 31 December 2022

for

Hilltop Country House Cheshire Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

3,200

4,800

Investment property

5

1,585,656

1,585,656

1,588,856

1,590,456

CURRENT ASSETS

Debtors

6

100

100

CREDITORS

Amounts falling due within one year

7

35,656

10,656

NET CURRENT LIABILITIES

(35,556

)

(10,556

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,553,300

1,579,900

CREDITORS

Amounts falling due after more than one year

8

1,550,000

1,575,000

NET ASSETS

3,300

4,900

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,200

4,800

3,300

4,900

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2023 and were signed on its behalf by:

Mr J W S Curtis - Director

1.	STATUTORY INFORMATION

Hilltop Country House Cheshire Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

12427929

Registered office:

Hilltop Country House

Flash Lane

Prestbury

Cheshire

SK10 4ED

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2022 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2022

and 31 December 2022

8,000

DEPRECIATION

At 1 April 2022

3,200

Charge for period

1,600

At 31 December 2022

4,800

NET BOOK VALUE

At 31 December 2022

3,200

At 31 March 2022

4,800

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2022

and 31 December 2022

1,585,656

NET BOOK VALUE

At 31 December 2022

1,585,656

At 31 March 2022

1,585,656

The property is stated at fair value as estimated by the company's directors.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2022

£

£

Other debtors

100

100

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2022

£

£

Other creditors

35,656

10,656

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2022

£

£

Other creditors

1,550,000

1,575,000

9.	SECURED DEBTS

Included in the other creditors is an amount of £450,000 secured by means of a fixed and floating charge over all the assets and business of the company.